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17 2 points Gunk Co. reported an asset retirement obligation on its 2019 financial statements. The present value of the liability for the asset retirement

17 2 points Gunk Co. reported an asset retirement obligation on its 2019 financial statements. The present value of the liability for the asset retirement obligation at the end of 2019 was $304. The company's discount rate is 13%. What is the amount of accretion expense Gunk will record in 2020 related to the asset retirement obligation? (Round to the nearest whole number.) 275 Previous Next image text in transcribed

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